Scarborough Village, Scarborough - October 2026 Real Estate Report
Scarborough Village Real Estate Update: The Market Is Taking a Breather - Here Is What That Means for You
The Vibe Right Now
If you have been watching the "For Sale" signs around Scarborough Village lately, here is the honest read: prices are softer than they were a few months ago, but this neighbourhood still holds serious value. We are not in freefall - we are in a cooldown. And knowing the difference could save you from making a costly move in the wrong direction.
Houses: Still Over a Million, But Trending Down
The average HonestDoor Price for a house in Scarborough Village sits at $1,285,055 - down 2.86% from the previous period. The 3-month moving average is $1,349,264, and the current predicted value of $1,322,877 is sitting below that line. That tells us momentum is pointing downward, not upward, right now.
- Average HonestDoor Price: $1,285,055
- Predicted Market Value: $1,322,877
- 3-Month Moving Average: $1,349,264
- Recent Price Change: -1.62%
- Estimated Monthly Rent: $5,038
- Rental Yield: 4.44%
- Airbnb Potential: $250 per night
- Neighbourhood Growth Rank: 24 out of 25 in Scarborough
That growth rank is the number to pay attention to. On the neighbourhood leaderboard for houses, Scarborough Village sits at 24 out of 25. That puts us near the bottom of the pack compared to other Scarborough neighbourhoods. It does not mean the sky is falling - it means the competition is outrunning us right now. For context, Cliffcrest houses are averaging $1,425,736, while Guildwood comes in at $1,155,366 and Eglinton East at $1,025,166. We are priced in the middle of that group, but growing slower than most of them.
Condos: Affordable Entry Point, Middle-of-the-Pack Growth
Condo owners in Scarborough Village are in a slightly different spot. The average HonestDoor Price is $429,547 - barely moved, down just 0.20%. The predicted value of $430,395 is close to that, but still below the 3-month moving average of $437,660. Small gap, but the direction is the same - easing off.
- Average HonestDoor Price: $429,547
- Predicted Market Value: $430,395
- 3-Month Moving Average: $437,660
- Recent Price Change: -0.38%
- Estimated Monthly Rent: $2,221
- Rental Yield: 3.97%
- Airbnb Potential: $110 per night
- Neighbourhood Growth Rank: 16 out of 25 in Scarborough
Condos rank 16 out of 25 on the neighbourhood leaderboard - below average, but not at the bottom. Worth noting: nearby condos in Guildwood are averaging $670,097 and Cliffcrest at $553,672. Scarborough Village condos are priced well below those, which makes them one of the more accessible entry points in the area. The trade-off is slower growth.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing most homeowners do not realize. Your city tax assessment is a snapshot from the past - sometimes 12 to 24 months old by the time it lands in your mailbox. In a market that has shifted as much as this one has, that number can be wildly off from what your home would actually sell for today.
The HonestDoor Price is updated in real time using current sales data, market trends, and neighbourhood-level signals. Right now, with house values in Scarborough Village sitting at $1,285,055 on average and trending downward, the gap between your assessment and your actual market value could be significant - in either direction. Checking your HonestDoor Price today gives you the real-world number, not a government estimate that was accurate a year ago.
So What Does This Mean If You Are Thinking About Selling This Summer?
Straight talk: this is not the hottest seller's market we have seen. Prices are softer, growth is lagging other Scarborough neighbourhoods, and the 3-month trend is pointing down. That said, a house at over $1.2 million is still a serious asset, and summer typically brings more buyers to the table than winter does.
If you are a house owner thinking about listing, the window to catch buyers before the fall slowdown is real - but pricing sharp matters more than ever right now. Overpricing in a softening market means sitting on the listing and eventually cutting anyway. A condo seller has a bit more cushion given the lower price point and the rental yield story - 3.97% is a number that attracts investors even when the market is quiet.
Bottom line: do not guess at your number. Pull your HonestDoor Price, compare it to what your neighbour's place sold for, and make a call based on real data - not what the market was doing 18 months ago.
scarborough village | scarborough | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.